Zumper
modified
Updated 10 Hours Ago

Highlights

  • On-site laundry
  • Gated property
  • Comfortable living space
  • Easy access

Location

1405 Martin Luther King Jr Way, Tacoma, WA 98405, USA|New Tacoma
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Contact

Management

Love My Space LLC

Leasing office

(253) 210-0123

Property Overview

1405 Martin Luther King Junior Way offers comfortable living space with easy access, on-site laundry, and a gated property. It stands out for strong value for money, ranking in the 90.48 percentile compared with other nearby properties.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

7.7
Very Good
1405 Martin Luther King Junior Way is worth considering and a notable rental in the neighborhood. Residents prioritizing Location will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.

Things you’ll love

  • Less expensive

Floor plans

1BR/1.0BA1 bed1 bath$995 /mo1 unit availableLooking for a cozy, budget-friendly place to call home? This charming 1-bedroom, 1-bath apartment in Tacoma offers a comfortable living space in a classic, well-maintained building — perfect for those who appreciate character and simplicity. **PHOTOS OF A SIMILAR UNIT** Apartment Features: • 1 Bedroom | 1 Bathroom • Comfortable and functional layout • Located in a quaint, older building with classic charm • Gated property for added privacy and security • On-site laundry for convenience Conveniently located in Tacoma with easy access to shopping, dining, and everyday essentials, making daily living easy and accessible. Rent: $995 / month Security Deposit: $900 Pets: $250 Deposit - $50/mo pet rent Utilities: $110 W/S/G (Electricity not included)

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Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property
Building details

Property details

Units10
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About 1405 Martin Luther King Junior Way

HomeApartments in TacomaNew Tacoma 1405 Martin Luther King Junior Way

Looking for a cozy, budget-friendly place to call home? This charming 1-bedroom, 1-bath apartment in Tacoma offers a comfortable living space in a classic, well-maintained building — perfect for those who appreciate character and simplicity. **PHOTOS OF A SIMILAR UNIT** Apartment Features: • 1 Bedroom | 1 Bathroom • Comfortable and functional layout • Located in a quaint, older building with classic charm • Gated property for added privacy and security • On-site laundry for convenience Conveniently located in Tacoma with easy access to shopping, dining, and everyday essentials, making daily living easy and accessible. Rent: $995 / month Security Deposit: $900 Pets: $250 Deposit - $50/mo pet rent Utilities: $110 W/S/G (Electricity not included)


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
7.7
/10
Very Good
1405 Martin Luther King Junior Way is worth considering and a notable rental in the neighborhood. Residents prioritizing Location will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.
How we rated 1405 Martin Luther King Junior Way
Price·8A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Scoring a 8/10, 1405 Martin Luther King Junior Way is a great option for renters looking for apartments in New Tacoma. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, 1405 Martin Luther King Junior Way is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
1405 Martin Luther King Junior Way is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 1405 Martin Luther King Junior Way does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
1405 Martin Luther King Junior Way provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 1405 Martin Luther King Junior Way compares to other nearby properties.

Positives

Less expensive
The 1-bedrooms are cheaper than other similar listings nearby

Considerations

Greater distance from grade schools
The nearest elementary school is farther than 0.5 mile away
Lacks images
Fewer than 10 photos available for this location
No in-unit dishwasher
Dishwashers aren't available

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Rent trends in New Tacoma

1-bedroom apartments at 1405 Martin Luther King Junior Way cost about 40% less than the average rent price for 1-bedroom apartments in New Tacoma.

Median rents as of Sep 12 2026.
New Tacoma
Tacoma
A table of studio rental data trends in Tacoma
MonthMedian Rent
September 2024$1,295
October 2024$1,257
November 2024$1,339
December 2024$1,296
January 2025$1,275
February 2025$1,261
March 2025$1,308
April 2025$1,180
May 2025$1,197
June 2025$1,223
July 2025$1,209
August 2025$1,194
September 2025$1,211
October 2025$1,215
November 2025$1,204
December 2025$1,248
January 2026$1,230
February 2026$1,210
March 2026$1,236
April 2026$1,242
May 2026$1,204
June 2026$1,198
July 2026$1,195
August 2026$1,199
September 2026$1,199
A table of studio rental data trends in New Tacoma
MonthMedian Rent
September 2024$1,295
October 2024$1,262
November 2024$1,411
December 2024$1,377
January 2025$1,377
February 2025$1,368
March 2025$1,354
April 2025$1,162
May 2025$1,191
June 2025$1,257
July 2025$1,245
August 2025$1,247
September 2025$1,254
October 2025$1,254
November 2025$1,213
December 2025$1,260
January 2026$1,271
February 2026$1,231
March 2026$1,265
April 2026$1,265
May 2026$1,256
June 2026$1,243
July 2026$1,209
August 2026$1,230
September 2026$1,209

Affordability calculator

Can I afford to live at 1405 Martin Luther King Jr Way?

Bedrooms

1 bedroom

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$39,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $39,800 annually to afford this 1-bedroom monthly rent price of $995.
For more information on rent affordability, visit our rent calculator.

Schools near 1405 Martin Luther King Junior Way

Stanley Elementary School

1712 s 17th st

tacoma, WA, 98405

PK, K-5Public
B-

Tacoma Special Services

601 s 8th st

tacoma, WA, 98405

PK, K-12Public

Willard Early Learning Center

3201 s d st

tacoma, WA, 98418

PKPublic

Madison Headstart

3102 s 43rd st

tacoma, WA, 98409

PKPublic

Fife Elementary School

5804 20th st e

tacoma, WA, 98424

K-5Public
B-
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Internet available near 1405 Martin Luther King Junior Way

Getting around Tacoma near 1405 Martin Luther King Jr Way

Walking

8/10
No car? No problem. Everything you need is within a few blocks.

Driving

5/10
This area is accessible to thoroughfares and has ample parking options.

Cycling

5/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

5/10
Frequent public transit options are within walking distance.

Points of interest for 1405 Martin Luther King Jr Way, Tacoma

Groceries

8/10
At least one supermarket within a 10-minute walk

Shopping

5/10
Several shops within walking distance

Cafes

6/10
Some cafés within a few minutes’ walk

Restaurants

6/10
Variety of restaurants within a few minutes' walk

Primary schools

8/10
At least one elementary school within a 15-minute walk

High schools

9/10
At least one high school within a 10-minute walk

Parks

6/10
Large amount of park space nearby

Nightlife

5/10
Some bars within a few minutes’ walk

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